Ken L. Bechmann

professor with special responsibilities , Ph.D.
Ken L. Bechmann

Department of Finance

Solbjerg Plads 3, A5
2000 Frederiksberg
Denmark

Fax:+45 3815 3600
E-mail: kb.fi@cbs.dk

Leave of absence: 01.09.2009 - 31.7.2010. HEC - Paris


Link to this homepage: uk.cbs.dk/staff/kbechmann

Affiliated with Danish Center for Accounting and Finance (D-CAF) and Center for Corporate Governance

Corporate finance/corporate governance

Capital structure theory

Financial markets – the stock market

Market microstructure

Primary research areas

  • Option based compensation
  • Dividend policy
  • Stock splits and stock dividends
  • Calls of convertible bonds
  • Mutual funds
  • Announcement effects on the Danish Stock Market


Administrative functions

Member of HD-F study board

Medlem af Cand.merc. studienævn



Selected publications

Bechmann, K. L. and T. Hjortshøj (2008), “Disclosed Values of Option-Based Compensation – Incompetence, Deliberate Underreporting or the Use of Expected Option Life”, forthcoming, European Accounting Review.

Bechmann, K. L. and J. Rangvid (2007), “Rating mutual funds: Construction and information content of an investor-cost based rating of Danish mutual funds”, Journal of Empirical Finance, vol. 14: 662-693.

Bechmann, K. L. and J. Raaballe (2007), “The Differences Between Stock Splits and Stock Dividends – Evidence on the Retained Earnings Hypothesis”, Journal of Business, Finance, and Accounting, vol. 34 (3&4): 574-604.

Bechmann, K. L. (2004), “Short Sales, Price Pressure, and the Stock Price Response to Convertible Bond Calls”, Journal of Financial Markets, 7 (4): 427-451.



Last updated by Communications & Marketing 29/09/2009